Duan Yongping:
The most expensive thing in investment is opportunity cost. Missing out is not scary; making the wrong investment is fatal.
After getting into investing, I found that the proportion of people willing to think is far smaller than I imagined.
The more anxious you are to make money, the easier it is to lose money. Most people rush into the market wanting to get rich quickly, only to become the harvested leeks.
When emotions run high, rationality goes to zero. Remember: wealth does not come to those who are impatient. Slow is actually the true fast.
Top-tier investments only involve multiple-choice questions: find the best opportunities, then invest heavily. Don’t waste your life on mediocre opportunities.
The essence of poverty is not laziness, but rather the inevitable result of ineffective effort and poor decision-making.
What I have today is due to not chasing mediocre opportunities.